Earlier this month, Foley Manufacturing Sector and International Trade Group partners Vanessa Miller and Alejandro Gómez-Strozzi participated in a pivotal discussion in Mexico City at the 23rd Annual International Automotive...more
Civil forfeiture is becoming an increasingly important tool in the U.S. Justice Department’s (DOJ) campaign against Transnational Criminal Organizations (TCOs), Foreign Terrorist Organizations (FTOs), and other sanctioned...more
10/10/2025
/ Civil Forfeiture ,
Corporate Counsel ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Drug Trafficking ,
FinCEN ,
Money Laundering ,
Oil & Gas ,
Organized Crime ,
Sanctions ,
Terrorist Financing
Until the start of the second Trump Administration, companies doing business in Mexico and other Latin American countries likely felt reasonably comfortable with their existing compliance programs around their supply chains....more
In late June 2025, the U.S. Treasury’s FinCEN (Financial Crimes Enforcement Network), under new authorities granted pursuant to the Fentanyl Sanctions Act, the FEND Off Fentanyl Act, and in line with President Trump’s...more
The recent Orders issued by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) on June 25, 2025, designating CIBanco, Intercam, and Vector as institutions of primary money laundering concern,...more
On June 25, 2025, the Financial Crimes Enforcement Network (FinCEN) at the U.S. Department of the Treasury designated three Mexico-based financial institutions as primary money laundering concerns under Section 311 of the USA...more
7/29/2025
/ Anti-Money Laundering ,
Cartels ,
Economic Sanctions ,
Enforcement Actions ,
Financial Institutions ,
FinCEN ,
Illegal Drugs ,
International Emergency Economic Powers Act (IEEPA) ,
Mexico ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Patriot Act ,
Popular ,
SDN List ,
U.S. Treasury
Print Share by Email Share Back to top The Trump Administration’s crackdown on cartels and transnational criminal organizations (TCOs) operating abroad and in the United States is a significant Department of Justice (DOJ)...more
Mexican cartels dominate large swaths of the Mexico-United States border and the Bajío region (an area encompassing relevant parts of Queretaro, Guanajuato, Aguascalientes, San Luis Potosí, Jalisco, and Michoacán), and they...more
3/7/2025
/ Anti-Money Laundering ,
Compliance ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Enforcement Actions ,
Foreign Investment ,
International Emergency Economic Powers Act (IEEPA) ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Risk Assessment ,
Risk Management ,
Supply Chain
It is expected that the next few years will be a challenging time for manufacturers in Mexico, with the automotive industry being particularly vulnerable as multiple pressure points come to a head: (1) the United...more
12/11/2024
/ Anti-Dumping Duty ,
Audits ,
Automotive Industry ,
China ,
Compliance ,
Countervailing Duties ,
Exports ,
IMMEX ,
Imports ,
International Trade Commission (ITC) ,
Manufacturers ,
Mexico ,
OEM ,
Regulatory Agenda ,
Russia ,
Tariffs ,
U.S. Commerce Department ,
United States-Mexico-Canada Agreement (USMCA) ,
USTR
Mexico is a key player in both the United States-Mexico-Canada Agreement (USMCA) and Latin American regions. Nearshoring, the practice of relocating an operating business or supply chain closer to home markets, is a rapidly...more
12/5/2024
/ Compliance ,
CPTPP ,
Fair Trade Agreements (FTA) ,
Foreign Corrupt Practices Act (FCPA) ,
Imports ,
Inventory ,
Latin America ,
Manufacturing Facilities ,
Mexico ,
Multinationals ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Standards ,
Supply Chain ,
Tariffs ,
Trade Wars ,
United States-Mexico-Canada Agreement (USMCA)
Mexico is on the electric vehicles mandatory-technical-standard (NOM)-creation roll. (“NOM” is the acronym for Normas Oficiales Mexicanas.)
Mid-July 2024, the Ministry of Economy published the list of NOMS to be created...more
The United States-Mexico-Canada Agreement (USMCA) automotive sector must be prepared to navigate a new set of requirements that will likely reshape supply chains, impact costs, and alter the competitive dynamics within the...more
On April 22, 2024, Mexico’s president increased import duties in the range of 5% to 50% on 544 Harmonized System (HS) codes, affecting a significant number of product categories such as steel, aluminum, textiles, plastics,...more
On April 26, 2024, the Mexican Government initiated an antidumping investigation on Chinese footwear imports. The products covered in the antidumping investigation include several types of boots, sandals, tennis shoes, and...more
With the push to accelerate electric vehicle production in the U.S. comes concurrent acceleration of an electric vehicle charging network, as well as increasing speed of electric battery manufacturing, clean energy and...more
10/17/2023
/ Advanced Batteries ,
Buy American Act ,
Charging Stations ,
Clean Energy ,
Electric Vehicles ,
Federal Funding ,
Inflation Reduction Act (IRA) ,
Infrastructure ,
Investment ,
Semiconductors ,
Solar Panels ,
United States-Mexico-Canada Agreement (USMCA)
Multinational companies operating in Mexico are subject to Mexican regulations regarding the use of foreign goods. Mexican customs law provides that, with the exception of goods for personal use, any person who possesses,...more
The August 15, 2023 Mexican Federal Official Gazette contains a Presidential Decree (the Decree) that for the following two years -August 16, 2023 through July 31, 2025-, increases import duties in the range of 5% to 25% to...more
As manufacturing in Mexico returns to pre-pandemic levels, several recent legal developments may affect those operations. Manufacturers, particularly those in the automotive industry, need to consider new Mexican labor...more
5/3/2023
/ Automotive Industry ,
Beneficial Owner ,
Collective Bargaining ,
Coronavirus/COVID-19 ,
Foreign Direct Investment ,
Foreign Investment ,
Free Trade Agreements ,
Mexico ,
Minimum Wage ,
Pensions ,
Supply Chain ,
Transparency ,
United States-Mexico-Canada Agreement (USMCA) ,
Vacation Pay
Como consecuencia directa de los procesos de manufactura globalizados, las maquiladoras (ahora empresas “IMMEX” referidas de manera indistinta en este documento) han logrado posicionarse en México como uno (sino es que el...more
Beginning March 2023, all businesses operating in Mexico regardless of size will need to comply with new requirements for wastewater discharge into rivers, basins, watercourses, other bodies of water, and into any type of...more
As the global economy faces the third year of the pandemic, manufacturers are no longer focused on figuring out when things will return to “normal.” Instead, they are applying lessons learned from the past few years to become...more
7/7/2022
/ Artificial Intelligence ,
Audits ,
BPA ,
China ,
Climate Change ,
Compliance ,
Consumer Product Safety Commission (CPSC) ,
Copyright ,
Coronavirus/COVID-19 ,
Customs and Border Protection ,
Disclosure Requirements ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
Ethics ,
False Advertising ,
Food and Drug Administration (FDA) ,
Greenhouse Gas Emissions ,
Greenwashing ,
Human Rights ,
ICFR ,
Internet of Things ,
Investment ,
Liability ,
Machine Learning ,
Manufacturers ,
Mexico ,
Model Contract Clauses ,
NLRA ,
NLRB ,
Office of Foreign Assets Control (OFAC) ,
Patents ,
PFAS ,
Popular ,
Proposed Rules ,
Remote Working ,
Risk Management ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Supply Chain ,
Supply Shortages ,
Sustainability ,
Task Force on Climate-related Financial Disclosures (TCFD) ,
Trade Secrets ,
Unions ,
United States-Mexico-Canada Agreement (USMCA) ,
Uyghur Forced Labor Prevention Act (UFLPA)
On May 20, 2022 the Secretary of Economy of Mexico, Tatiana Clouthier, and the Secretary of State for the Department for International Trade of the United Kingdom, Anne-Marie Trevelyan formally initiated negotiations towards...more
The Mexican Federal Commission for the Protection Against Sanitary Risks (Cofepris) and the Federal Consumer Prosecutor's Office (Profeco) removed more than 10,000 units of domestic and imported foodstuff products that were...more
The March 28, 2022 Federal Official Gazette published mandatory standard NOM-029-SE-2021, Business practices-Informational requirements for the provision of timeshare services (NOM 029), which supersedes the 2010 version. ...more
We hereby remind you of the following reporting obligations that must be complied by Mexican IMMEX companies during April and May....more